Low-cost Student Loans for You and Your Family
The cost of education - for college, graduate and private K-12 programs - continues to rise, making education harder to afford. Alliant has Student Loans that make the education needs for you or your family more affordable and easy to manage.
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Alliant (as low as)
3.75% APR*
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Bank National Average
8.83% APR*
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- Attractive variable rate (as low as prime +.50% with automatic payment)
- Borrow up to $75,000 for tuition, room and board, books, fees, travel and more
- Affordable repayment terms up to 12 years
- Qualify by credit, not financial need
- Funds are available for college, graduate school and qualifying K-12 programs
- You can finance the remaining balance even if other scholarships, grants, or federal financial aid have been received
- Interest may be tax deductible, consult your tax advisor
*Source: Bankrate.com - private student loan national average as of 10/13/09.
Frequently Asked Questions
My son has a partial scholarship to college. Can I still use an Alliant Student Loan to fund the balance of his tuition?
Yes, you still qualify for an Alliant Student Loan, regardless of how a scholarship, grant or financial aid affects the balance of your college tuition.
Can an Alliant Student Loan be used for other college expenses besides tuition?
We understand that college isn’t just expensive because of the high tuition. There is the significant expense of travel, room and board, books and meals. Of course, there are also other school-related extra expenses. Your Alliant Student Loan can be used for all college or school-related expenses.
Can I pay off my student loan quicker than the payment schedule?
Absolutely! At Alliant, there are no prepayment penalties for paying off your Student Loan faster than your payment schedule. In fact, it’s a great way to save interest expense in the long run.
Member's Choice Protection
Alliant is pleased to offer MEMBER’S CHOICE™ Consumer Loan Protection. By adding this low-cost valuable payment protection to your loan, you’ll be adding a safety net of comfort and peace-of-mind for you and your loved ones, should you encounter unforeseen financial difficulty due to disability or death.
- Provides peace-of-mind for only pennies a day
- Protects you and your family by canceling your monthly payment, up to the plan maximum, in the event of disability; or your outstanding loan balance, up to the plan maximum, in the event of death
- Shields you from loss of income with involuntary unemployment coverage
- Helps preserve your valuable credit rating
- Helps shelter you from bankruptcy, foreclosure and repossession in a difficult time
- Coverage available up to age 70 on all consumer loan protection options
Consumer Loan Protection Options*
Simply check your preferred protection package on the Loan Application.
Option #1: Ultra Plan
- Protects the primary borrower
- Protection includes life, disability and involuntary unemployment
- Cancels your outstanding loan balance up to $100,000 in the event of death
- Cancels your monthly loan payment for up to twelve months or $12,000 in the event of disability
- Cancels your monthly loan payments for up to six months or $4,000 if involuntarily unemployed
Option #2: Preferred Plan
- Protects the primary borrower
- Protection includes life, disability and involuntary unemployment
- Cancels your outstanding loan balance up to $100,000 in the event of death
- Cancels your monthly loan payment for up to twelve months or $12,000 in the event of disability
- Defers your loan payments for up to six months if involuntarily unemployed
Option #3: Preferred Plus Plan
- Protects both you and the co-borrower with the same benefits as the Preferred Plan
Option #4: Consumer Life Protection Plan
- Protects up to two borrowers per loan for just pennies a day
- Cancels your outstanding loan balance up to $100,000 in the event of death
Check our fee schedule.
Call 800-328-1935
